The Home Health Value-Based Purchasing (HHVBP) model continues to save hundreds of millions of dollars each year, mostly because of its ability to reduce inpatient stays for Medicare beneficiaries. The model, which the U.S. Centers for Medicare & Medicaid Services (CMS) expanded from nine demonstration states to home health agencies across the country on Jan. […]
Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
It was not too long ago when only a handful of U.S. health systems invested in hospital-at-home programs, with Mount Sinai and Johns Hopkins Medicine being two of the very early adopters. Since the onset of the COVID-19 public health emergency, that has changed – in a big way. Hospital-at-home alternatives are becoming table stakes […]
The U.S. Centers for Medicare & Medicaid Services (CMS) on Thursday announced a new proposed rule that would, among its provisions, establish a strict requirement for the amount of Medicaid payment going toward home care worker compensation. Specifically, the proposed rule from CMS would require that at least 80% of Medicaid payments for personal care, […]
Inflation reaching multi-decade highs, uncertainty in the banking world and credit markets drying up dampened private equity health care M&A activity in 2022, especially in the second half. Many anticipate that investment slowdown to continue into 2023, but there’s a good chance the home health industry will buck that trend. Multiple PE firms, such as […]
The acquisition of technology-enabled home health company CareLinx continues to pay off for Sharecare (Nasdaq: SHCR). Under Sharecare ownership, CareLinx has seen “explosive growth,” Sharecare Chairman and CEO Jeff Arnold explained Wednesday during a fourth-quarter earnings call. The growth includes adding 1.8 million new members to CareLinx in 2022 while outpacing revenue expectations. “We expanded […]
Home health and home care operators grappled with numerous challenges in 2022 that impacted their businesses, from COVID-19 cases spiking due to the Omicron variant in the first quarter to labor pressures persisting throughout the year. For many providers, those headwinds turned their attention to maintaining growth, fine-tuning existing operations and avoiding loss, with service-line […]
Spending on home health care stayed mostly flat in 2021, a new analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS) reveals. The steady spending on home health care last year came despite a sharp dip in government funding tied to the public health emergency (PHE). The decrease […]
Changing industry dynamics might be slowing home health care’s labor arbitrage. Prior to 2020, a major workforce priority for several home health providers was making sure their clinicians were “operating at the top of their license.” Generally, the belief was that operators could stretch staffing capacity and reduce visit costs by shifting certain duties from […]
A former hospital nurse and now the CEO of Healing Hands Healthcare, Summer Napier is all about home health innovation. That’s why – since opening in 2016 – the Texas-based Healing Hands has launched a multi-faceted hospital-at-home initiative and a home-based oncology care program. It’s also why Healing Hands is so bullish on forward-thinking legislation […]
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